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Description of business and basis of presentation
12 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of business and basis of presentation NOTE 1 — Description of business and basis of presentation
Description of business
USA TODAY Co. is a diversified media company with expansive reach at the national and local level dedicated to
empowering and enriching communities. Our mission is to inspire, inform, and connect audiences. As a media and digital
marketing solutions company we are focused on sustainable growth. Through our trusted brands, including the USA TODAY
NETWORK, comprised of the national publication, USA TODAY, and our network of local properties, in the United States
(the "U.S."), and Newsquest, a wholly-owned subsidiary operating in the United Kingdom (the "U.K."), we provide essential
journalism, local content, and digital experiences to audiences and businesses. We deliver trusted unbiased journalism when and
where consumers want it. LocaliQ, our digital marketing solutions brand, supports small and medium-sized businesses
("SMBs") with innovative digital marketing products and solutions.
In November 2025, we changed our corporate name from Gannett Co., Inc. to USA TODAY Co., Inc. and revised the
names of two of our reportable segments: Domestic Gannett Media is now referred to as USA TODAY Media and Digital
Marketing Solutions is now referred to as LocaliQ. We do not distinguish between our prior and current corporate and
reportable segment names and refer to our current corporate and reportable segment names throughout this Annual Report on
Form 10-K. As such, unless expressly indicated or the context requires otherwise, the terms "USA TODAY Co.," "Company,"
"we," "us," and "our" in this document refer to USA TODAY Co., Inc., a Delaware corporation, and, where appropriate, its
subsidiaries.
The Company reports in three segments: USA TODAY Media, Newsquest and LocaliQ. We also have a Corporate
category that includes activities not directly attributable to a specific reportable segment and includes expenses associated with
broad corporate functions. A full description of our reportable segments is included in Note 15 — Segment reporting.
Basis of presentation
The Consolidated financial statements include all the assets, liabilities, revenues, expenses, and cash flows of entities which
USA TODAY Co. controls due to ownership of a majority voting interest ("subsidiaries"). All significant intercompany
accounts and transactions have been eliminated in consolidation, and the Company consolidates entities that it controls due to
ownership of a majority voting interest.
Use of estimates
The preparation of the financial statements in conformity with U.S. generally accepted accounting principles ("U.S.
GAAP") requires management to make estimates and assumptions that affect the amounts reported in the Consolidated financial
statements and footnotes thereto. Actual results could differ materially from those estimates.
Significant estimates inherent in the preparation of the Consolidated financial statements include pension and
postretirement benefit obligation assumptions, income taxes, goodwill and intangible asset impairment analysis, valuation of
property, plant, and equipment and the mark to market of the conversion feature associated with the convertible debt.
Reclassifications
Certain reclassifications have been made to the prior years' Consolidated financial statements to conform to classifications
used in the current year. These reclassifications had no impact on net income (loss), equity or cash flows as previously reported.